State Tax Incentives

Baker Botts’ state tax section is qualified in state and local tax and other incentives for economic development. Section members have extensive experience negotiating tax incentives for capital-intensive projects.

Examples of economic development services performed include:

Negotiating economic development incentive packages

Preparing analyses and models supporting incentive requests

Preparing analyses of issues impacting eligibility for and maximization of incentives

Structuring purchases and contracts to maximize tax benefits and incentives

We also work closely with the Texas Governor’s Office, Legislature and Comptroller’s Office to organize political support for large economic development projects and to protect and improve the state’s existing economic development programs during legislative sessions.

Our state and local tax lawyers work with clients to structure a proposed project, identify potential incentives, and develop a strategy for approaching state and local officials and negotiating the best possible incentive package, all in the context of a client’s overall tax strategy.